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International

Dream Industrial to buy four properties, issue $144M in stock

RENX Staff Commercial Transactions International Apr. 17 2019

Dream Industrial REIT (DIR-UN-T) plans to purchase four industrial properties in Toronto and Ottawa, as well as Columbus, Ohio, and is issuing a $144-million share offering in conjunction with the transactions. In a release, Dream says it is in advanced,

Tricon to pay $1.9B, acquire Starlight U.S. Multi-Family No. 5 fund

RENX Staff Commercial Transactions International Apr. 2 2019

Tricon Capital Group (TCN-T) says it will acquire the Starlight U.S. Multi-Family No. 5 Core Fund (STUS-A-X) in an all-share transaction valued at about $1.9 billion (all figures Cdn unless specified). The fund comprises 23 multi-family properties totalling 7,289 units

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